Personal insurance insures the items you value the most: Home, Auto, Jewelry, Boat, RV, and Rental Property. Personal insurance covers the loss of, as well as, the risks associated with personal property.
Commercial insurance is designed to protect businesses, their owners and their employees. Coverages include property, liability, business auto, workers’ compensation, crime, equipment breakdown, Errors and Omissions, Directors & Officers, flood, and much more. Business owners need to protect their business from loss, lawsuits, and other risks. If you own a business, you need insurance!
A surety bond is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. Surety bonds are commonly purchased by construction companies and contractors but any company that wants to protect themselves can require a surety bond.